FG’s Capital Market Debt Servicing Gulps N2.18trn In 10 Months   Servicing of debts acquired through instruments issued by the Federal Government in the Nigeria capital market totaled N2.18tn as of October 30, an analysis of data by our correspondent has shown. Data from listed debt instruments...

SEC, EFCC Partner On Capital Market Fraud   The Securities and Exchange Commission announced on Wednesday that it had engaged the staff of the Economic and Financial Crimes Commission on capital market training in a bid to tackle financial crimes in the market. SEC described the training,...

Unclaimed Dividends In Capital Market Now N170bn — SEC     Unclaimed dividends in the Nigerian capital market rose to N170 billion as at December, 2020, said the Securities and Exchange Commission (SEC). The Director General (DG) of SEC, Mr Lamido Yuguda, stated this at the second post-Capital...

Minister Pushes For Increased Citizen Trading In The Capital Market       The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has urged the Nigeria Exchange Limited to aid ordinary citizens in participating actively in the capital market. According to a statement from the NGX, Ahmed,...

FG Considers Reduction In Company Income Tax, Others     The federal government may consider reduction in Company Income Tax (CIT) and other taxes relating to the capital market from 25 per cent to 20 per cent. However, the reduction will be on a case-by-case basis, based...

Govts, Companies Raise N4.6trn From Capital Market In Five Months       Nigerian governments and companies have raised some N4.6 trillion in new capital from the capital market so far this year, already more than 100 per cent above the total capital raising recorded for the whole...